Accountancy, asked by gbharti56, 1 year ago

Ram started business with cash-1,00,000 and stock-50,000

ii. Purchase Raw Meterial-25,000

iii. sale-20,000

iv. Goods purchased from Mohan - 10,000

V. । Paid to Mohan - 10,000

vi. Charity -1500

vii. Salary-2,000


babushall: do you want journal entries or what

Answers

Answered by malvika10000
0

cash acc. dr.....1,00,000

goods acc dr. 50,000

to capital acc........1,50,000

( being, started business with cash and stock )

purchases acc dr.................25,000

to cash acc....................25,000

( being, purchased raw material)

cash acc......dr .........20,000

to sales acc........... 20,000

(being, sold goods against cash)

purchases acc dr.............10,000

to mohan ....................10,000

(being, purchased goods from mohan)

mohan acc dr.........10,000

to cash acc.........10,000

( being , amount paid to mohan)

charity acc dr.....1,500

to cash acc......1,500

(being, charity made )

salary acc dr.........2,000

to cash acc.......2,000

(being ,paid salary)

hope my answer helps u,☺️


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